Autonomous Trading Agent Debut by Axal, Funded by $2.5 Million Pre-Seed Round, Overseen by CMT Digital
In a groundbreaking move, Web3 startup Axal has unveiled its first product, Axal Autopilot - an on-chain trading tool and verifiable autonomous agent network designed for crypto trading. The launch was accompanied by a successful $2.5 million pre-seed round, led by CMT Digital, with participation from several esteemed investors such as a16z Crypto Startup School, Escape Velocity, IDG Vietnam, Artichoke Capital, Trident Digital, Blockchain Builders Fund, Blockhunters Group, Echo, and the Mentat Group [1].
Axal Autopilot is built around the concept of AI-powered autonomous agents that execute personalized trading strategies across multiple blockchain networks. These agents are designed to optimize user strategies and portfolio management, making crypto trading more accessible and efficient for individuals.
Key components and capabilities of Axal Autopilot include:
1. Personalized Trading Strategies: Users can deploy AI-driven agents that customize trading approaches based on individual preferences and market conditions, enabling tailored risk management and opportunity capture.
2. Yield Maximiser: The platform optimizes yield generation from crypto assets, likely by automating strategies such as yield farming, staking, or arbitrage executed by these agents.
3. Auto Cash-Outs: Axal supports automatic profit-taking functionalities, enabling users to secure gains without manual intervention, enhancing ease of use and risk mitigation.
4. Multi-Chain Support: The agents operate across various blockchain ecosystems, allowing seamless trading and asset management on multiple crypto networks, broadening the trading universe for users.
A notable product within Axal's ecosystem is Gekko, an AI agent specifically built for trading purposes, integrated with the Autopilot platform. Gekko exemplifies how Axal's autonomous agents function as a novel asset class, offering active, algorithm-driven management while emphasizing transparency and trust through features like a fair token launch with no team allocation.
Axal's vision extends beyond simple automation to creating a trusted, scalable network of AI agents that democratize access to sophisticated trading tools, backed by community governance and continuous innovation. The company has seen rapid growth and actively promotes transparency and bold action among founders in the decentralized finance space.
For those interested in staying updated on Axal's progress, the Xand Telegram account is a recommended place to follow [1]. The newsletter, to which you can subscribe via the provided link, promises not to spam and aims to keep readers informed about the latest developments in the world of Axal Autopilot.
[1] Link: [Subscribe to the Axal Newsletter](https://yournewsletterlink.com)
- The best feature of Axal Autopilot is the Personalized Trading Strategies, which deploys AI-driven agents to customize trading approaches based on individual preferences and market conditions.
- For those looking to make the most of their crypto assets, the Yield Maximiser component of Axal Autopilot is designed to optimize yield generation by automating yield farming, staking, or arbitrage strategies.
- To further enhance ease of use and risk mitigation, Axal Autopilot includes Auto Cash-Outs, a functionality that enables users to secure gains automatically without manual intervention.